Archive

UK standards setter publishes sustainable finance guide

The UK's national standards body has published draft recommendations for integrating sustainability considerations into investment management.

People moves, 27 December: AIIB, J O Hambro, LuxSE

The Asian Infrastructure Investment Bank (AIIB) has appointed Andrew Cross as its chief financial officer.

People Moves 20 December

Major investors call on EU leaders to urgently pass net-zero GHG target

A group of 44 major global investors managing €6 trillion ($6.6 billion) in assets called on European leaders to urgently pass a net-zero greenhouse gas (GHG) emissions target.

Hermes, Federated and UBS launch SDG credit funds

Hermes Investment Management, Federated Investors and UBS have launched a range of credit funds targeting the UN's Sustainable Development Goals (SDGs).

BlackRock and CPPIB back stewardship code for long-term investors

FCLTGlobal, a non-profit organisation led by institutional investors including the Canada Pension Plan Investment Board (CPPIB) and BlackRock, has released new guidelines that aim to help asset managers become better long-term investors.

ESG ratings reflected in sovereign credit spreads, says Hermes

Countries that rate highly on environmental, social and governance (ESG) criteria benefit from tighter credit default swap (CDS) spreads than those with lower ESG ratings, a study has found.

EXCLUSIVE: EU's TEG broadens taxonomy to include 'transition' activities

The EU's Technical Expert Group on Sustainable Finance (TEG) has broadened the scope of its taxonomy to include activities that help transition to a net-zero economy by 2050, in a move that opens the door to some fossil fuels and internal combustion engines, Environmental Finance has learned.

Oil firms unattractive without climate targets, say fund managers

Oil companies will no longer appeal to investors unless they adopt business models that support the Paris climate targets, says a report by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration, a group of charitable trusts.

'Varying understanding' of SDGs across the globe, says Hermes

The need to be more socially conscious is on the rise across the globe, but driving forces vary between countries, according to Hermes Investment Management.